---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-001006"
form_type: "8-K"
ticker: "WAB"
cik: "0000943452"
company_name: "WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP"
filed_at: "2025-01-14T23:59:59+00:00"
generated_at: "2026-05-28T02:35:13.433346+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Wabtec acquires Evident Inspection Technologies for $1.78B; expects H1 2025 close

## Summary
- Purchase price $1.78B ($1.68B after tax benefits); 12.0x projected 2025 Adj. EBITDA.
- Evident 2024 revenue ~$433M, EBITDA ~$112M (25.9% margin); ~68% recurring revenue.
- Expands Digital Intelligence TAM from $8B to $16B; accretive to Adj. EPS in year one.
- Expected H1 2025 close; $25M run-rate cost synergies identified; regulatory approvals pending.
- Evident has 1,300+ team members and four engineering/production facilities in North America and Japan.

## SEC filing metadata
- accession: 0001140361-25-001006
- form_type: 8-K
- ticker: WAB
- cik: 0000943452
- company_name: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
- filed_at: 2025-01-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/943452/000114036125001006/0001140361-25-001006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/943452/000114036125001006/ef20041523_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-001006
- JSON: https://secwatch.observer/filing/0001140361-25-001006.json
- Plain text: https://secwatch.observer/filing/0001140361-25-001006.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.